Vicus Capital Buys 12,185 Shares of Fidelity MSCI Communication Services Index ETF $FCOM

Vicus Capital grew its stake in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 4.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 289,689 shares of the company’s stock after buying an additional 12,185 shares during the quarter. Fidelity MSCI Communication Services Index ETF accounts for approximately 1.6% of Vicus Capital’s portfolio, making the stock its 15th largest holding. Vicus Capital’s holdings in Fidelity MSCI Communication Services Index ETF were worth $18,775,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Fidelity MSCI Communication Services Index ETF during the first quarter worth about $113,937,000. Independence Financial Advisors LLC purchased a new stake in shares of Fidelity MSCI Communication Services Index ETF during the first quarter worth about $8,988,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Fidelity MSCI Communication Services Index ETF by 14.4% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,263,294 shares of the company’s stock worth $71,073,000 after purchasing an additional 158,977 shares during the period. Crumly & Associates Inc. boosted its holdings in shares of Fidelity MSCI Communication Services Index ETF by 212.6% during the first quarter. Crumly & Associates Inc. now owns 111,477 shares of the company’s stock worth $6,272,000 after purchasing an additional 75,817 shares during the period. Finally, LPL Financial LLC boosted its holdings in shares of Fidelity MSCI Communication Services Index ETF by 42.1% during the first quarter. LPL Financial LLC now owns 181,932 shares of the company’s stock worth $10,235,000 after purchasing an additional 53,928 shares during the period.

Fidelity MSCI Communication Services Index ETF Trading Down 0.9%

Fidelity MSCI Communication Services Index ETF stock opened at $70.30 on Thursday. The firm has a 50-day moving average of $68.65 and a 200-day moving average of $62.44. The firm has a market cap of $1.77 billion, a P/E ratio of 19.08 and a beta of 1.02. Fidelity MSCI Communication Services Index ETF has a 1-year low of $48.96 and a 1-year high of $72.98.

Fidelity MSCI Communication Services Index ETF Profile

The Fidelity MSCI Communication Services Index ETF (FCOM) is an exchange-traded fund that mostly invests in communication services equity. The fund tracks a market-cap-weighted index of stocks in the US communication services sector. FCOM was launched on Oct 21, 2013 and is managed by Fidelity.